Originally published by Abt Books in 1980, this volume is the first of its kind to give economic insight into cultural policy studies. Among the vital questions addressed: How effective is public funding for the arts? How might arts programs be evaluated? How can the economist's view be broadened and the artist's view be made more utilitarian, so that arts production can reach the consumer in a meaningful way? To what extent is the relationship of fine arts to graphic arts similar to that of basic scientific research to applied research?